Post Utme Ksu 2025 Accounting Question 28

Practice objective / multiple choice question 28 from the 2025 Post Utme Ksu Accounting examination.

Post Utme Ksu 2025 Accounting Objective / Multiple Choice
Question 28 POST_UTME_KSU • 2025 • ACCOUNTING • objective

A company uses the cash book to record all its financial transactions. The cash book shows a balance of ₦1,500,000. However, the bank statement shows a balance of ₦1,800,000. What is the reason for the difference?

Answer Options

Correct Answer A. The company has not recorded a deposit of ₦300,000.
B. The company has not recorded a withdrawal of ₦300,000.
C. The bank has charged a fee of ₦300,000.
D. The company has not recorded a loan of ₦300,000.
Correct Answer
A
Correct Option:
The company has not recorded a deposit of ₦300,000.

About This Question

This is Post Utme Ksu 2025 Accounting Question 28. It is one of the objective questions from the 2025 Post Utme Ksu Accounting examination.

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